Indianaopolis

Indiana Welcomes January With Record Sports Betting Handle of $348M

By / indiana, Sports Betting

While building on its sports betting records for the fifth straight month, Indiana posted a handle of more than $348 million in January. According to state figures released Friday by Indiana Gaming Commission, January’s number eclipses the previous best of $313.1 million recorded in December, representing a month-over-month increase of 11.2%. Last January, the Hoosier …

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Indiana

Indiana Becomes Fifth State to Ever Cross $300M Monthly Handle in December

By / indiana, Sports Betting

Indiana has become the fifth US state to ever cross $300 million in monthly sports betting handle with its record-breaking handle in December. The Hoosier State also concluded 2020 with four consecutive record months and more than $1.75 billion in wagers. According to figures released on Tuesday by the Indiana Gaming Commission, the exact sports …

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Caesars Southern Indiana property

Caesars To Sell Southern Indiana Casino to Native American Tribe

By / Casino, Gambling News, indiana

Caesars Entertainment Inc. has agreed to sell its Southern Indiana facility to the Eastern Band of Cherokee Indians for $250 million. According to the decision that was announced in a news release last Thursday, the Reno-based company said it is extending the brand to one of its long-time partners. The Native American tribe already owns …

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Indiana Hits Another Record Sports Betting Handle in November

By / Betting News, indiana, Sports Betting

Indiana sports betting has seen another record-setting handle of $251 million in November, witnessing an 8.86% jump from October. According to the monthly report published last week by the Indiana Gaming Commission, the Hoosier State continues its impressive monthly progress into November, the third straight month of record-setting number for sports betting. Besides sports betting …

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888 to Launch Sports Betting in Indiana, Colorado & Iowa in 2021

By / Colorado, indiana, Iowa, Legal Articles

888 Holdings has expanded its presence in the US sports betting market by inking multi-year deals to gain market access in three new states. The UK-based company announced its plans last Wednesday that it would launch in Indiana, Colorado, and Iowa in 2021, to provide online sports betting, poker, and casino offerings. The US launch …

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Hard Rock Casino Gary

Indiana Investigation Could Endanger New Casino Projects

By / Casino, indiana, Legal Articles

A casino executive’s illegal political contributions to a lawmaker could endanger Indiana casino projects in Gary and Terry Haute. The investigation that is centered around longtime Indiana casino executive, John Keeler, has expanded to ten people allegedly involved in financial misconduct that is tantamount to violation of the state’s casino regulations or laws. Spectacle Entertainment …

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Indiana Sets Record With $231M Sports Betting Handle in October

By / Betting News, Illinois, indiana, Sports Betting

Indiana sports betting market has exceeded expectations with a handle of $230.9 million in October, with $21.1 million in revenue. According to Indiana Gaming Commission that released its report on Tuesday, mobile handle hit $193 million, or 83.6% of total wagering. This is a 7.9% increase from September ($179 million) and a 302% increase from …

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Indiana Sports Betting Hits Record $207 Million in September

By / Betting News, indiana, Sports Betting

Indiana sports betting has set a new record, hitting $207.5 million in handle and $14.3 million in revenue in September. The numbers from Indiana and Iowa clearly indicate that the US sports betting industry is eventually returning to normality, with every month bringing more optimism. Both states witnessed record handle in September, thanks to the …

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